You can always count on SF to approve one of the largest business taxes in recent memory to address homelessness and then not be able to spend it because no one actually wants services or beds in their backyard.https://twitter.com/DominicFracassa/status/1105691943051321345 …
Is it? We have king tides regularly flooding the Embarcadero multiple times every year and this is before climate change-induced sea level rise.
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Did you know that in a San Andreas earthquake, the current seawall, AKA a 100-year-old pile of rocks, would lurch into the Bay, flooding billions of dollars of MUNI/BART infrastructure, and damaging hundreds of billions $ of Embarcadero/SOMA real estate?https://www.mercurynews.com/2018/10/18/seawall/ …
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If I’m wrong and the land isn’t as valuable as I imagine then I completely support building the nav center. I just don’t believe that the land in question is anything but insanely valuable.
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The land is valuable; it’s also insanely expensive to retrofit considering sea level rise and the currently seismically unsafe seawall.
End of conversation
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Pretty sure that land is insanely valuable if you let someone build a tall residential or office tower. I will admit that I am ignorant of many of the details here. I just know that as a principle using valuable land for a nav center is an inefficient use of limited gov capital
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